BUY or SELL?????

Time To Buy/Sell Your Colorado Springs Home?

The economic stars are aligned!

Consider the latest headlines in the Colorado Springs Gazette Business section.

• “Foreclosure rate dips in March”
• “Colorado economy still strong”
• “Springs-area housing market remains strong in April”
• “Area housing market red-hot”
• “Home sales up 1.7% in April”

Home prices are on the increase. With existing inventory at an all-time low, and new home building trying to keep up with demand, the local economy is sizzling.

If you are a seller, now is the time to get the best price for your house. Houses are selling quickly and for top dollar. As full time real estate investors, we cannot get properties on the market fast enough! The last property we listed had 24 showings in 24 hours. Seven offers—4 above list price! If you are wanting to sell, now is the time.

Buyers beware! Waiting too long to buy a Colorado Springs home could cause you to miss out on a great opportunity. There is only so much inventory and the prices will only continue to rise in the near future.

Interest rates are at an all-time low. But, with the Fed signaling an interest rate increase, how long will rates stay affordable? If your personal economic stars are aligned now is the time to buy!